The I/O Model Argues That

question 19

Multiple Choice

The I/O model argues that:

• A)internal resources and capabilities represent the foundation for the development of a value-creating strategy
• B)firms should seek to maximise their returns by structuring their organisation in a manner consistent with the most efficient producers in any given industry
• C)the conditions and characteristics of the external environment are the primary inputs to and determinants of strategy
• D)internationalisation in certain industries will lead to globalisation

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Definitions:

Envisioning

The act of imagining or projecting a future state or goal in a detailed and vivid manner.

Energizing

To infuse with energy or vitality, invigorating and stimulating motivation or action.

Enabling

Providing the means or opportunity for someone to achieve something or to facilitate a process.

Resistance to Cultural Change

The reluctance or opposition faced when attempting to alter the established norms, values, and behaviors within a group or organization.